Is the stock market's recent nosedive just the beginning of a larger economic shift? As tariffs and political uncertainty rock Wall Street, tech giants like Apple are facing unexpected hurdles in the AI race. Meanwhile, an old internet favorite is poised for a surprising comeback.

In this episode, Yaniv Bernstein and Chris Saad dive into the turbulent world of tech, finance, and politics. They explore the reasons behind the stock market's sharp decline, analyze Apple's decision to delay its AI rollout, and discuss the unexpected relaunch of Digg by former competitors.

In this episode, you will:

- Understand the factors contributing to the recent stock market downturn
- Learn about the U.S. government's new Bitcoin strategy and its market impact
- Discover why Apple is postponing its Apple Intelligence rollout and what it means for the tech giant
- Explore the surprising revival of Digg and its potential impact on the social media landscape
- Analyze the trend of moving from "blurred lines" to "clear lines" in politics and policy
- Examine the rising importance of "revenue per employee" as a metric for AI startups
- Gain insights on how founders can navigate economic uncertainty and optimize for capital efficiency

00:00 Intro
00:19 On Today's Show
02:18 Stock Market Turmoil: Trump's Tariffs Hit Big
12:56 Bitcoin Strategic Reserve: What's Happening?
17:20 Apple Intelligence Delayed to 2026
27:13 Digg Relaunch: A Blast from the Past
30:56 The Future of Social Apps
32:37 The Startup Podcast Pact
33:00 Trend Corner: Meta Trends and Under-Discussed Themes
33:35 Chamath's Perspective on MAGA's Clear and Blurred Lines
37:33 Debating Trump's Foreign Policy and Its Implications
45:32 Revenue Per Employee: The New Hot Metric in AI
54:32 Closing Thoughts

The Pact
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Key links
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The Startup Podcast website: https://tsp.show

Learn more about Chris and Yaniv
Work 1:1 with Chris: http://chrissaad.com/advisory/
Follow Chris on Linkedin: https://www.linkedin.com/in/chrissaad/
Follow Yaniv on Linkedin: https://www.linkedin.com/in/ybernstein/

Editor: Justin McArthur https://www.linkedin.com/in/justin-mcarthur
Content Strategist: Carolina Franco https://www.linkedin.com/in/francocarolina/
Intro Voice: Jeremiah Owyang https://web-strategist.com/

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